Asian Market with Strong Community Presence – Sparks/Reno
Business Description
The business has built a loyal customer base over the years and is recognized locally as a go-to destination for Korean groceries. In addition to the Korean community, the store attracts a diverse customer base including local residents, students, and food enthusiasts seeking authentic Asian ingredients.
15~20% of sales is fixed by the local Korean restaurant clients.
(40~50K cash sales not included in cash flow)
Rent includes CAM.
RAM cargo van is available at low price.
This is a turnkey operation with established supplier relationships, consistent foot traffic, and strong community presence. New owner could add variety of product from different nationality.
15~20% of sales is fixed by the local Korean restaurant clients.
(40~50K cash sales not included in cash flow)
Rent includes CAM.
RAM cargo van is available at low price.
This is a turnkey operation with established supplier relationships, consistent foot traffic, and strong community presence. New owner could add variety of product from different nationality.
About the Business
- Years in Operation
- 26
- Employees
- operated by owner couple
- Facilities & Assets
- Walk in Freezer and Fridge, standing freezers and fridges, Shelves
- Market Outlook / Competition
- Located in the growing Northern Nevada region, the business benefits from increasing demand for international food products and relatively limited direct Korean grocery competition.
The business operates in a niche market with limited direct Korean grocery competition in the region. Its established reputation, loyal customer base, and consistent product offerings provide a strong competitive advantage. - Opportunities for Growth
- There is significant opportunity to grow the business through expansion of prepared foods, Korean side dishes, and grab-and-go offerings. Additional upside exists through online ordering, delivery services, and increased digital marketing.
A new owner could also expand product selection such as other food product from different nationality, introduce catering or wholesale partnerships, and leverage the growing population in the Reno-Sparks area.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,300
- Rent
- $3,200.00 per month
- Lease Expiration
- 6/30/2029
About the Sale
- Seller Motivation
- Owner Retirement
- Transition Support
- Training will be provided by owner
Listing Info
- ID
- 2508294
- Listing Views
- 11
Listing ID: 2508294 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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